China’s Unipec remained by far the largest spot charterer of crude tankers in 2016 according brokers Poten.

Euronav have sold and leased back four VLCCs in $186m deal.

Kuwait Oil Tanker Co (KOTC) has tendered for eight tanker newbuildings.

Royal Boskalis Westminster (Boskalis) has won a contract from Oiltankaing jv Açu Petróleo for the expansion of the Porto do Açu oil transhipment terminal in Rio de Janeiro State, Brazil.

John Angelicoussis, the principal of the privately held Angelicoussis Shipping Group, gave the audience at Marine Money in New York this an insight into how his company has become Greece’s largest shipowner in tonnage terms.

Jawar Al Khaleej Shipping (JAK) has inked a contract with Damen Shipyards for three new vessels at Seatrade Maritime Middle East in Dubai.

Stavroula Betsakou, head of tanker research at Howe Robinson Partners, kicked off the Seatrade Tanker Middle East conference strand at the Seatrade Maritime Middle East event by explaining why rates for large crude tankers had fallen off so...

In a not unexpected move John Fredriksen’s Frontline has cancelled four VLCC newbuildings ordered at bankrupt STX Offshore & Shipbuilding.

The current gloom descending on the tanker market is not justified by the fundamentals according to senior executives speaking at the Association of Ship Brokers and Agents (USA) Inc (ASBA’s) conference in Florida.

In a sign that the summer lull for tankers could be coming to an end suezmax rates bounced back sharply last week, but VLCCs remain under pressure.